BNP Paribas Financial Markets Purchases 88,993 Shares of Autohome Inc. (NYSE:ATHM)

BNP Paribas Financial Markets raised its stake in shares of Autohome Inc. (NYSE:ATHM - Free Report) by 34.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 350,557 shares of the information services provider's stock after buying an additional 88,993 shares during the period. BNP Paribas Financial Markets owned 0.29% of Autohome worth $9,097,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vontobel Holding Ltd. grew its stake in Autohome by 27.4% in the 4th quarter. Vontobel Holding Ltd. now owns 8,564 shares of the information services provider's stock valued at $222,000 after buying an additional 1,841 shares during the last quarter. Walleye Capital LLC acquired a new position in Autohome during the 4th quarter worth $231,000. Headlands Technologies LLC boosted its holdings in Autohome by 1,135.5% during the fourth quarter. Headlands Technologies LLC now owns 9,872 shares of the information services provider's stock valued at $256,000 after acquiring an additional 9,073 shares during the period. Asset Management One Co. Ltd. boosted its holdings in Autohome by 37.4% during the fourth quarter. Asset Management One Co. Ltd. now owns 9,742 shares of the information services provider's stock valued at $261,000 after acquiring an additional 2,652 shares during the period. Finally, Quantbot Technologies LP acquired a new stake in shares of Autohome in the fourth quarter valued at about $269,000. Institutional investors and hedge funds own 63.08% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on ATHM. StockNews.com cut Autohome from a "buy" rating to a "hold" rating in a research report on Friday, February 28th. JPMorgan Chase & Co. upgraded Autohome from a "neutral" rating to an "overweight" rating and upped their price target for the stock from $24.00 to $36.00 in a report on Wednesday, March 12th. Five research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $32.00.

Autohome Stock Performance

Shares of NYSE:ATHM traded down $0.25 on Thursday, hitting $25.76. 473,627 shares of the company were exchanged, compared to its average volume of 517,728. The company's 50 day moving average price is $27.26 and its two-hundred day moving average price is $27.62. The firm has a market capitalization of $3.09 billion, a price-to-earnings ratio of 13.92 and a beta of 0.02. Autohome Inc. has a one year low of $21.89 and a one year high of $34.70.

Autohome (NYSE:ATHM - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The information services provider reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.01. Autohome had a return on equity of 7.79% and a net margin of 23.02%. The firm had revenue of $244.33 million for the quarter, compared to analyst estimates of $243.26 million. Research analysts predict that Autohome Inc. will post 1.84 earnings per share for the current year.

Autohome Company Profile

Autohome Inc operates as an online destination for automobile consumers in the People's Republic of China. The company delivers interactive content and tools to automobile consumers through its three websites, autohome.com.cn, che168.com, and ttpai.cn on PCs, mobile devices, mobile applications, and mini apps.